Broker Search

Broker Search

   
 


DeltaStock Review

DeltaStock offers some of the best trading conditions available, even among other premier forex brokers. In fact, we were so impressed with DeltaStock, that it is actually difficult to find anything negative to say about them. The only borderline negatives are that the Delta Trading platform is a bit complicated and difficult to manage with all those separate windows flying around, but really, for a platforms with so much functionality, it is a very minor complaint. Any trader that considers himself/herself a professional, cannot at the same time say that they are put off by slightly steeper learning curve in exchange for a wealth of functionality. Despite this however, MT4 is on offer if you prefer simplicity (or auto trading). The other minor complaint is that the withdrawal rules are somewhat complicated, with certain security policies that can be confusing. This can also be construed as a positive though, since a high level of security benefits clients in the long run.

Now for the good parts:

  • Level 2 view that lists all orders from multiple liquidity providers, including FXCM, Dukascopy, Citi Bank and Interactive Brokers.
  • Complex order types, including "One cancels other" and "Portfolio/Basket orders" (this is a very slick feature).
  • DeltaStock offers the smartest hedging mechanism we have seen, whereby used margin and overnight interest are calculated only on the NET POSITION. This actually makes the hedging feature marginally useful (known as "logical orders" in Delta-speak) because different strategies can be traded in one account, without having to worry about making the position sizing calculations outside the platform.
  • Transaction costs are super low - on par with or better than anything out there.
  • Customer service is very knowledgeable and very professional. We have pressed them with both difficult and stupid questions in order to test their knowledge and patience, with excellent results.
  • Huge number of currencies and CFDs to trade, including CFDs on shares from Australia, Austria, Belgium, Canada, France, Germany, Hong Kong, Italy, Japan, Netherlands, Romania, Spain, Sweden, Switzerland, UK,  and US.
  • You can open a trade with a fixed spread and close with a variable spread (or vice versa), whichever is better for you, all from one account and one platform.

All in all, our experience with DeltaStock has been superb. Aside from the slightly steeper learning curve due to the feature rich platform, we are extremely satisfied with the professional service offered by this company. We strongly recommend giving DeltaStock a try before making any final decisions on who your forex broker of choice will be.

NOTE: Unfortunately, due to US policies, DeltaStock is unable to accept US traders.

Visit DeltaStock 

Compare DeltaStock With  


Subjective Ratings

Charting: Five star Charting Rating
Execution: Five star Execution Rating
User-friendliness: Four and Half star User-friendliness Rating
Customer support: Five star Customer Support Rating
Transaction costs (spreads): Five star Transaction Costs (spreads) Rating
Rollover interest rates: Four and Half star Rollover interest rates Rating
Withdrawal processing: Four star Withdrawal processing Rating
Platform Functionality: Five star Platform Functionality Rating
Platform Reliability: Five star Platform Reliability Rating
Average rating: Four and Half star Average Rating

Visit DeltaStock

Compare DeltaStock With  


Business Details

Broker Headquarters: Sofia, Bulgaria
Regulated By: MiFID, FSC (Financial Supervision Commission) and registered with Bulgarian National Bank
Client Account Segregation: Clients Funds Protection is guaranteed by the Investors Compensation Fund (SICF), established pursuant to the DIRECTIVE 97/9/EC of the European Parliament and the Council.
Collect Taxes on Earnings: No
Accept US traders?:
Main liquidity providers: FXCM, Interactive Brokers, Citibank, Dukascopy Bank
Broker Capital as of 07-2011 Unknown
Also has offices in: London, Madrid, Bucharest
Registered Business Name: DeltaStock AD
In business since year: 1998
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
MasterCard 2% 0 EUR
Moneybookers 2.9% 0 EUR
Visa 2% 0 EUR
Wire Transfer 0 EUR 50 EUR (varies)

Visit DeltaStock

Compare DeltaStock With  


Trading Conditions

Browser platform: Delta Trading Web
Downloadable platform: Delta Trading,DeltaStock MT4
Mobile platform: Delta Trading Mobile & WAP
Phone dealing: Yes
No Dealing Desk Execution: All Delta Trading L2 orders are executed on the ECN. MT4 orders are routed through dealing desk.
Fixed spreads: Both fixed and variable spreads are available in the same platform and same account (your choice which to use).
Guaranteed stop losses? No, all orders are executed at best available price.
Hedging capability: Yes (aka 'Logical Orders')
Trading Hours: Sunday 22:00 GMT to Friday 21:00 GMT (with some exceptions)
Timezone EET (Eastern European Time) -
Scalping allowed: Yes, all trading methods are accepted.
Account currencies available: BGN, CHF, EUR, GBP, RON, USD
Platform languages: Bulgarian, English, French, German, Romanian, Russian, Spanish
Support languages: Bulgarian, English, French, German, Romanian, Russian, Spanish
Demo account:
Live chat support: During trading hours - level of service is excellent.
Promotions & tournaments: Demo tournament with real cash prizes - 1500EUR, 800EUR, 500EUR. Bonus of 20% given on Moneybookers deposits.
Swap-free accounts  No swap-free accounts available
Typical spread on EUR/USD: 0.5 pips (0.00005)
Order processing: ECN,STP (Straight Through Processing)
OCO orders available: Yes,
Trailing Stops: Client-side
If/then orders available: Yes, on Delta Trading platform
Account Types
Account Maximum
Leverage
Minimum/Maximum
deposit:
Minimum/Maximum
trade size:
Notes
Delta Trading (Fixed Spreads) 200:1* $100/unlimited 1,000/unlimited All instruments available
Delta Trading (Variable Spreads) 200:1* $100/unlimited 1,000/unlimited All instruments available
Metatrader (MT4) Account 200:1* $100/unlimited 1,000/unlimited CFDs not available
Tradeable Instruments: 1000   
Automated Trading: Yes, on MT4
Depth of market view (Liquidity): Depth of market available as L2 on Delta Trading
Interest on Margin: No
Pending Orders Away from Market: 0 pips (No restriction)

Visit DeltaStock

Compare DeltaStock With  


* The high degree of leverage available in foreign exchange trading can work against you as well as for you. Investors should ensure they are fully aware of the benefits and risks before putting any money on the line.

<< UFX BankEXNESS Review >>

Related Material

Comments

See what other readers have to say, tell the world what you think.

Bookmark and Share